***Stocks’ slide in recent weeks has been sharp enough to scare individual investors — pushing the AAII Bull Ratio below 40%. By Thursday’s close, the S&P 500 was still within 5% of its 52-week high. They were prescient in 2015, he says, pulling in their horns just as stocks were embarking on a rough patch. That was the only time the S&P 500 lost more than 5.2% at its worst point within the next six months. Historical data does not support the notion that a set-up like this is headed straight for a crash.
Source: Forbes May 31, 2019 23:26 UTC